Brazil is pushing to reform the World Bank and the IMF

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News Date: October 5, 2023

Brazil's G20 presidency is focused on leveraging its influence to drive essential reforms within the IMF and the World Bank.
The nation aims to enhance the representation of emerging economies, including the BRICS nations, in these institutions.
Additionally, Brazil is exploring alternative financial mechanisms like the BRICS Bank to complement the existing global financial architecture.
This proactive approach seeks to create a fairer and more inclusive global economic order.

Swiss Banks Launch Cryptocurrency Trading and Custody After Gaining Regulatory Approval

Switzerland's financial regulator, FINMA, has approved two Zurich-based banks to offer a range of cryptocurrency services, including trading and custody. Maerki Baumann Bank subsequently announced the launch of its trading platform for major cryptocurrencies while Incore Bank is offering a range of crypto services.
Source:bitcoin.com

Putin Pledges an Equal and Indivisible Security System

Vladimir Putin has been inaugurated as President of Russia for his fourth term, adhering to the tradition at the Kremlin.
The ceremony highlighted Russia's commitment to dialogue with the West and emphasized the nation's security interests.
Putin reiterated the importance of equal footing in discussions and the pursuit of a multipolar world order.
His presidency will last until 2030.
"Together with our partners in Eurasian integration and other sovereign development centers, we will continue to work to form a multipolar world order, equal and indivisible security system," Putin said at the ceremony.

Trump Vows to make America richer and stronger

Donald Trump delivered a major economic speech in New York City, outlining plans to reduce the corporate tax rate to 15% and establish a "government efficiency commission" headed by Elon Musk.
He vowed to "make America richer and stronger" if elected in November.
The announcement was made during an address to The Economic Club of New York.
"I am promising low taxes, low regulations, low energy costs, low interest rates, secure borders, low low, low crime and surging incomes for citizens of every race, religion, color and creed, My plan will rapidly defeat inflation, quickly bring down prices and reignite explosive economic growth," Trump said.

More fair global governance

Russia's Medvedev meets China's Xi in Beijing.
Former Russian president has undertaken a surprise trip to Beijing and held talks with Chinese President Xi Jinping during which he said they discussed strategic partnership.
'China is ready to move closer to Russia for the sake of more fair global governance' -Xi Jinping.
Sources: reuters.com

Delaware Supreme Court finds vote by mail, same-day registration unconstitutional

The Delaware Supreme Court on Friday struck down recent vote-by-mail and same-day voter registration legislation, overturning a signature achievement by Gov. John Carney and Democrat lawmakers.
Sources: yahoo